Coal company announces layoffs in response to Obama win

A coal company headed by a prominent Mitt Romney donor has laid off more than 160 workers in response to President Obama's election victory.Murray Energy said Friday that it had been "forced" to make the layoffs in response to the bleak prospects for the coal industry during Obama's second term. In a prayer circulated by the company, CEO Robert Murray said Americans had voted "in favor of redistribution,...

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U.S. to Pass Saudi Arabia in Energy Production, IEA Says: Huge Foreign Policy, Economic Implications

A new report by the International Energy Association says the U.S. will become the world's largest oil producer by 2017, overtaking current leaders Saudi Arabia and Russia. U.S. energy policies initiated by the George W. Bush administration and implemented by President Barack Obama have moved the U.S. toward energy independence and away from Middle East energy sources. U.S. oil production has risen...

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Eurozone back in recession in Q3

LONDON (AP) -- The 17-country eurozone has bowed to the inevitable and fallen back into recession for the first time in three years as a sprawling debt crisis took its toll on the region's stronger economies.And with surveys pointing to increasingly depressed conditions across the eurozone at a time of high unemployment in many countries, there are fears that the recession will deepen, and make the...

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Worldwide Supply Appoints New Regional Business Development Executive

Veteran telecommunications sales professional to lead business development efforts for the rapidly growing recognized leader in the secondary networking hardware marketplace.Franklin, NJ (PRWEB) January 07, 2013Worldwide Supply, the recognized leader in the secondary networking hardware marketplace, today announced the appointment of Jeffrey Giali to the role of Regional Director of Business Development.Giali,...

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Jersey Boys Ticket Sales Prove Just Too Good To Be True On BuyAnySeat.com

The musical Jersey Boys has been taking the world by storm since 2005, creating ticket sales that continue to be just too good to be true, said Felina Martinez at online ticket marketplace BuyAnySeat.com. The popular, Tony Award-winning play’s various productions are performing in New York, Detroit, Las Vegas, London, New Orleans, and Indianapolis this month.Denver, CO (PRWEB) January 07, 2013To...

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Georgia Engineering Firms and Contract Manufacturers Recently Accepted into the MFG.com Manufacturing Marketplace

Product Manufacturers in Georgia rely on MFG.com to find top-notch suppliers that meet all of their requirementsAtlanta, GA (PRWEB) January 08, 2013As the world’s leading online manufacturing marketplace for made-to-order parts, MFG.com proudly announced the acceptance of Georgia-based manufacturers into the MFG.com marketplace.A few of the recent additions include:Located in Powder Springs, GA,...

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White House defends offer as 'good faith effort'

WASHINGTON (AP) — The White House is defending President Barack Obama's proposal to set a higher threshold for tax increases than what he vowed to do during his presidential campaign. The White House says Obama has moved halfway to meet House Speaker John Boehner on a "fiscal cliff" deal that raises $1.2 trillion in tax revenue, down from the $1.6 trillion Obama had initially requested.White House...

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Factbox: U.S. House "Plan B" tax bill likely to have short shelf life

WASHINGTON (Reuters) - The U.S. House of Representatives is likely to vote this week on what is being called "Plan B" on avoiding the "fiscal cliff."The Republican-sponsored legislation aims to extend current low tax rates for most families. Without such action by Congress, across-the-board income tax rates will rise on January 1.The combination of $500 billion in tax hikes and $100 billion in spending...

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U.S. charges three Swiss bankers in offshore account case

 Three Swiss bankers accused of conspiring with American clients to hide more than $420 million from the tax-collecting U.S. Internal Revenue Service were indicted, the U.S. Attorney's Office in Manhattan said on Wednesday.The indictment named Stephan Fellmann, Otto Huppi and Christof Reist, all former client advisers with an unnamed Swiss bank. None of the bankers have been arrested, authorities...

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"Fiscal cliff" turmoil could hit 100 million taxpayers: U.S. IRS

WASHINGTON (Reuters) - U.S. tax authorities warned on Wednesday that as many as 100 million taxpayers - far more than previously estimated - could face refund delays if lawmakers' "fiscal cliff" negotiations fail to fix the alternative minimum tax (AMT) before year-end.The Internal Revenue Service said in a letter to lawmakers that it was raising its estimate on AMT impact from 60 million."It is becoming...

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What's on the table now in 'fiscal cliff' talks

An update on the latest offers on the table in negotiations to avert a year-end avalanche of federal tax increases and spending cuts known as the "fiscal cliff":___INCOME TAXESHouse Speaker John Boehner would allow income tax rates to rise for people making more than $1 million per year and would hold rates where they are for everyone making less. The top rate on income exceeding $1 million would...

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Politis & Matovina, P.A. Earns BBB Accreditation

Politis & Matovina, P.A. announced its recent accreditation by BBB Serving Central Florida. As a BBB Accredited Business, Politis & Matovina, P.A. is dedicated to promoting trust in the marketplace.Daytona Beach, FL (PRWEB) December 21, 2012Politis & Matovina, P.A. is committed to BBB's Standards of Trust. This week, Politis & Matovina, P.A. announced its recent accreditation by BBB...

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Car-Specials.com Set to Give Customers a Fresh Car-Shopping Experience

Car-Specials.com is a new car search service that is bringing fun and excitement back to the car shopping game. With an ultra-fast, intuitive interface and a superior selection of new and used cars from local dealerships, Car Specials offers consumer-friendly search options and low-cost, dealer-centric service.Carmel, Indiana (PRWEB) December 21, 2012Car-Specials.com is a new kind of online automotive...

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Brand id│Strategic Partners Launches Revolutionary Personal Branding Success Program for Women

The Breakfast Club is a 12-month strategic mastermind program for Baltimore women who are ready to expand their “circle of influence, strategically map out their personal and professional path to success, and uplevel their visibility in the marketplace through personal branding.Baltimore, Maryland (PRWEB) December 21, 2012Two Maryland business women have partnered to unveil a program specifically...

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Fleetwood Mac Tickets Take Off Online at BuyAnySeat.com

Tickets to Fleetwood Mac’s upcoming 34-city North American Tour are creating traffic spikes in search traffic online for seats, said Felina Martinez at ticket marketplace BuyAnySeat.com. The tour kicks off April 4, 2013 in Columbus, Ohio and is the band’s first trek since 2009.Denver, CO (PRWEB) December 22, 2012It’s hard to believe that it has been 45 years since Fleetwood Mac’s first album, and...

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iPhone and iPad Affiliates Program Launched by iGearUnlimited

Leading online iPhone and iPad case maker iGearUnlimited is generating buzz with an affiliate program through Share-A-Sale. With two-tier commissions of 15% and 30%, it’s believed to be one of the most generous in the marketplace.Chicago, USA (PRWEB) December 22, 2012Internet companies often use independent sales people known as affiliates to help spread the word and generate sales. The best affiliate...

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"Fiscal cliff" drag on economy less than feared so far

WASHINGTON (Reuters) - The U.S. economy showed surprising signs of resilience in November despite the approach of the so-called fiscal cliff as consumer spending rose by the most in three years and a gauge of business investment jumped.Consumer spending rose 0.6 percent when adjusted for inflation, while new factory orders for capital goods outside the defense and aerospace sectors - a proxy for business...

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IMF extends zero interest loans to poor nations

WASHINGTON (Reuters) - Poor countries with loans from the IMF can continue to pay no interest until the end of 2014, the Fund's board said on Friday, as their economies are still recovering from the global economic crisis.The IMF's zero-interest loan program for low-income countries had been set to expire at the end of this year."The executive board decision to keep interest rates at zero ... is testament...

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Top business story in '12: Sluggish global economy

This would be the year when the global economy finally regained its vigor. At least that's what many had hoped.It didn't happen.The three largest economies — the United States, China and Japan — struggled again in 2012. The 17 countries that use the euro endured a third painful year in their financial crisis and slid into recession. Emerging economies slowed.President Barack Obama defied predictions...

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Russia clashes over energy with Belarus, Ukraine, EU

MINSK/MOSCOW (Reuters) - Russia plunged back into the disputes over energy with Ukraine and Belarus that have repeatedly disrupted oil and gas supplies to European Union countries, and it also termed EU energy policy as "uncivilized".Russia on Friday denied remarks by Belarussian President Alexander Lukashenko that it had agreed to increase its crude oil supplies to Minsk, vital for the Belarus economy,...

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